Regional Development Bank

Event: Workshop on Corruption Risks and Anti-Corruption Strategies in Climate Aid [viewed]

The 'Workshop on Corruption Risks and Anti-Corruption Strategies in Climate Aid – Good Governance towards Integrity, Transparency, and Accountability in Achieving Objectives of Climate Mitigation and Adaptation' will discuss: how to most effectively address corruption; and how anti-corruption efforts can be integrated into measures that achieve good governance in combating climate change, and ensuring transparent, efficient and accountable use of climate finance. This high-level and interactive workshop will present cases drawn from climate aid flows and corruption examples in climate aid in the Philippines. Trainers from the U4 Anti-Corruption Resource Centre, as well as the Asian Development Bank (ADB) and staff from the German Gesellschaft fuer Internationale Zusammenarbeit (GIZ), will facilitate a training workshop. More specifically, the event aims to: develop a common understanding of corruption risks, causes and consequences in climate financial flows and uses, including regarding natural resource management; examine existing and potential anticorruption strategies to mitigate corruption risks in climate financing and in natural resource management; and formulate recommendations for mitigating corruption risk in the climate financing flows at country level, using the Philippines as a case study. The workshop is being organized by ADB, in collaboration with GIZ, the U4 Anti-Corruption Resource Centre, and in partnership with the Government of the Philippines' Office of the Ombudsman.  

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April 2015 Climate Finance Update [viewed]

April 2015 Climate Finance30 April 2015: During April 2015, the Asian Development Bank (ADB), the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the Nordic Environment Finance Corporation (NEFCO), the Adaptation Fund, the Climate Investment Funds (CIF), the Green Climate Fund (GCF), the World Bank, Climate Finance Options and the UN Environment Programme (UNEP) DTU Partnership reported on project news and other climate finance-related developments.

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April 2015 Water Finance Update [viewed]

afdb_gef_idb_gwpApril 2015: During the month of April, international financial institutions (IFIs), including the African Development Bank (AfDB), Global Environment Facility (GEF), Inter-American Development Bank (IDB) and World Bank, announced financing for projects related to water resource management, sanitation services and water conflict resolution. In addition, the Global Water Partnership (GWP) undertook an initiative for climate-proofing water investment in the Caribbean.

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Public and Private Sectors Progress REDD+ Implementation [viewed]

UN-REDD Programme21 April 2015: New commitments and partnerships to reduce the contribution of deforestation and forest degradation to climate change continue across the public and private sectors.

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World Bank/IMF Spring Meetings Address Climate Change, FfD and Post-2015 Development Agenda [viewed]

spring_201520 April 2015: At their annual Spring Meetings, the World Bank Group (WBG) and the International Monetary Fund (IMF) addressed a range of issues, from climate change, financing for development (FfD) and the post-2015 development agenda, to the Ebola crisis, job creation, fiscal stability, and fragility and conflict. On the sidelines of the Spring Meetings, the Development Committee held its 91st meeting.

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ECOSOC Begins Meeting with BWIs on Post-2015, FfD [viewed]

ECOSOC20 April 2015: The UN Economic and Social Council (ECOSOC) began its annual special high-level meeting with the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO), and the UN Conference on Trade and Development (UNCTAD), with a focus on the theme of ‘Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda.' The meeting brought representatives of the Bretton Woods Institutions (BWIs) together with UN Member States to discuss post-2015 development and the Third International Conference on Financing for Development (FfD 3).

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African Countries Prepare for Paris Climate Negotiations at Seventh Africa Carbon Forum [viewed]

AfricaCarbonForum15 April 2015: Intended nationally determined contributions (INDCs) to the anticipated 2015 climate change agreement will be essential for durable African economies, according to remarks made by UNFCCC Deputy Executive Secretary Richard Kinley at the Seventh Africa Carbon Forum. Speaking on the outcomes needed for a successful Paris Climate Change Conference, Kinley told African countries gathered at the Forum that "INDCs are each country's opportunity to express their development priorities."

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Development Finance Institutions Work on Principles for Tracking Climate Finance [viewed]

world_bank_idfc3 April 2015: Over two dozen development finance institutions are working on common sets of principles that each will use for tracking climate finance. The first set for tracking mitigation finance has been agreed and similar principles for tracking adaptation finance and the ability to leverage finance will follow later this year. Rachel Kyte, World Bank Group Vice President and Special Envoy for Climate Change, said that common methodologies will help “build trust that climate finance is flowing.”

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Event: AfDB Annual Meetings 2015 [viewed]

During its Annual Meetings 2015, the African Development Bank (AfDB) will celebrate its 50th anniversary and elect its next president. The meetings will be held under the theme 'Africa and the New Global Landscape'. The agenda includes, inter alia: the launches of the African Economic Outlook (AEO 2015) and the Africa Ecological Futures Report; discussions on youth leaders, gender equality, Ebola, agribusiness, Africa's Power Challenge, local currency bond markets, stock exchanges, and water, sanitation and hygiene (WASH); high-level events on the anticipated global climate change agreement and financing Africa's development post-2015; and meetings of the Board of Governors.  

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March 2015 Sustainable Energy Finance Update [viewed]

march_2015_sustainable_rnergyMarch 2015: Sustainable energy finance projects in Albania, Armenia, Chad, China, Georgia, Honduras, Latvia, Morocco, Poland, Romania, Ukraine and the EU were announced by the African Development Bank (AfDB), Asian Development Bank (ADB), Climate Investment Funds (CIF), European Bank for Reconstruction and Development (EBRD), European Commission, European Investment Bank (EIB), Inter-American Development Bank (IDB) and World Bank during the month of March. In addition, the multilateral development banks (MDBs) and World Bank released publications related to sustainable energy finance, and EBRD and the World Bank hosted energy efficiency and renewable energy events.

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